At the time we acquired Viacom, everyone said I had overpaid. But even at today's depressed prices, that investment is worth billions. Everyone was saying MTV was a fad. I knew better.

Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.

I listen to my daughter. I listen to Paula, but I make the decisions. The decision to say goodbye to Cruise was mine.

One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.

We all have to decide how we are going to fail, by not going far enough or by going too far.

The information superhighway is a dirt road that won't be paved over until 2025.

I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.